Falling efficiency levels of Indian coal-fired power plants: A slacks-based analysis

被引：10
|
作者：
Jindal, Abhinav [1 ,2 ]
Nilakantan, Rahul [2 ]
机构：
[1] NTPC Ltd, NTPC Bhawan, Lodhi Rd, New Delhi 110003, India
[2] Indian Inst Management Indore, Econ Area, Rau Pithampur Rd, Indore 453556, India
来源：
ENERGY ECONOMICS | 2021年 / 93卷
关键词：
Efficiency; Coal-fired power plants; Slacks-based measure; Data envelopment analysis;
D O I：
10.1016/j.eneco.2020.105022
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We use a comprehensive data set covering almost all Indian coal-fired power plants over the period 2005-14 to evaluate the technical efficiency of power plants using the Slacks-Based Measure model. We find that average technical efficiency falls from0.847 in 2005 to 0.742 in 2014, indicating substantial scope for efficiency improvement. This trend is driven primarily by declining energy efficiency rather than declining managerial (non-energy) efficiency. We use Simar and Wilson's bootstrapped truncated regression approach to analyze the determinants of technical efficiency. We find an inverted-U shaped relationship exists between efficiency and plant age, withmaximumefficiency levels observed between 22 and 23 years of age. Privately owned plants operate at higher efficiency levels than their State-owned counterparts. Large plants are more efficient than small and medium size plants. Coal quality has no significant influence on efficiency as usage of higher calorific value coal is not accompanied by a concomitant reduction in coal use. Foreign equipped plants operate at higher efficiency levels than Indian equipped plants. (C) 2020 Elsevier B.V. All rights reserved.
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收藏
页数：12
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